Word: jamba
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...late-summer afternoon on Larchmont Boulevard in Los Angeles' leafy Hancock Park neighborhood, and small clusters of girls gathered in front of Jamba Juice are sweeping the sidewalk with their floor-length skirts. Their T shirts are oversize and piled on in layers. And their sunglasses, with lenses nearly the size of CDs, cover their teenage faces. On the next block, boys with shaggy hair below their ears, wearing rock T shirts from bands that were performing before most of their parents could drive, practice tricks on skateboards...
...With that kind of money in play and with new "real tones" that play actual (rather than synthesized) songs, a battle is brewing. Mobile operators and the small outfits that supply the synthesized songs - Finland's Jippii, Italy's Buongiorno Vitaminic, France's Musiwave and Germany's Jamba! - are clashing with the big record labels over whose slice of the ring-tone pie should be biggest. But how did an unlikely innovation like ring tones get to be such a big business in the first place? It's definitely not about the music. Most ring tones are only about...
...collecting societies" are stepping up their efforts to monitor ring-tone companies. In response to the squeeze on their earnings, the middlemen are rushing to consolidate. Last month, Britain's iTouch bought Jippii for €12 million; in June, the Mountain View, California-based security company VeriSign Inc. bought Jamba! for $273 million. If the merging middlemen can gain some market clout, they might be able to retain their early advantage. But if real-tone songs catch on, firms like Jippii and Jamba! could well find themselves out of business. Either way, ring-tone companies will have to change their...
...originally approached Jamba Juice aboutcoming to Harvard but the company did not acceptthe offer...
...Jamba Juice has been at Stanford since April1997, according to its public-relations firm...